As someone involved in predicting the future, it amuses me how often we get things wrong. You’ve heard all the quotes: "a worldwide market of five", Thomas Watson of IBM’s prediction for the global computer market back in 1953, or "640kb of memory is enough for everyone" from Bill Gates. So, when you get one…
Interesting supplement in today’s Times newspaper on careers with an 8-page supplement on careers in Banking. A few choice quotes: “Confidence in the world’s financial markets is shaky” “Lehman Brothers, UBS, Morgan Stanley and Credit Suisse have all announced redundancies” “Is now the worst time to consider a career in banking” Mmmm … sounds a…
London-based insurance firms have struggled, largely unsuccessfully so far, to work with each other through electronic channels. ACORD, the US insurance standards organization which has been expanding into international markets, appears to be the leader in driving standards, the key to electronic business, into the London market and its global affiliates. An ACORD-sponsored two-day forum…
I recently organised two debates at the Financial Services Club entitled "This House Believes We Really Know Our Customers". Both debates focused upon fraud and money laundering (AML) and the vote at the end of both debates resulted in a resounding rejection … as in this house believes we really don’t know our customers. I…
I recently organised two debates at the Financial Services Club entitled "This House Believes We Really Know Our Customers". Both debates focused upon fraud and money laundering (AML) and the vote at the end of both debates resulted in a resounding rejection … as in this house believes we really don’t know our customers. I…
The International Association of Financial Engineers is bringing in two heavy hitters to discuss the future of financial crises — Robert C. Merton and Myron S. Scholes (If you have to ask, this probably isn’t for you), but: Robert C. Merton is the John and Natty McArthur University Professor, Harvard Business School & IAFE Senior…
The International Association of Financial Engineers is bringing in two heavy hitters to discuss the future of financial crises — Robert C. Merton and Myron S. Scholes (If you have to ask, this probably isn’t for you), but: Robert C. Merton is the John and Natty McArthur University Professor, Harvard Business School & IAFE Senior…
And the top three: Information lifecycle management rather than just information management Technology refresh, or Dynamic IT, which involves wrapping new technology around old legacy systems. Sounds like a new name for Saas. It also seems to me that wrapping legacy systems by itself, without a larger strategy for moving forward, risks getting stuck with…
And the top three: Information lifecycle management rather than just information management Technology refresh, or Dynamic IT, which involves wrapping new technology around old legacy systems. Sounds like a new name for Saas. It also seems to me that wrapping legacy systems by itself, without a larger strategy for moving forward, risks getting stuck with…
